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ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis
ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Required: 1. Prepare a traditional income statement for the quarter ended March 31. Amount $ 1,161,000 $ 430 $ 50 $ 18 $ 140,000 $ 125,000 $ 80,000 $ 105,000 $ 285,000 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit? Prepare a traditional income statement for the quarter ended March 31. Sales Cost of goods sold Gross margin The Alpine House, Incorporated Traditional Income Statement Selling and administrative expenses: Selling expenses Administrative expenses $ 92,400 Net operating income Required 1 Required 2 > Variable expenses: The Alpine House, Incorporated Contribution Format Income Statement Fixed expenses: 0
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